carrots and sticks: Carrots and Sticks Disclosed
- 02/20/09 04:58 AM
A few weeks ago on this blog, we talked about how a successful housing program would have to contain "carrots" and "sticks." Now that President Obama has presented his housing proposal, we see a variety of incentives and directives - the carrots and the sticks - laid out before us. His $275 plan, with 75 million coming from taxpayers and the balance in government commitments to back Fannie Mae and Freddie Mac, aims to help 9 million troubled homeowners, while absorbing some of the financial impact to both lenders and mortgage holders and promoting new homeownership.
Especially in comparison with the … (0 comments)
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A few weeks ago on this blog, we talked about how a successful housing program would have to contain "carrots" and "sticks." Now that President Obama has presented his housing proposal, we see a variety of incentives and directives - the carrots and the sticks - laid out before us. His $275 plan, with 75 million coming from taxpayers and the balance in government commitments to back Fannie Mae and Freddie Mac, aims to help 9 million troubled homeowners, while absorbing some of the financial impact to both lenders and mortgage holders and promoting new homeownership.
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